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Category: Business
NCC grants MTN approval to disconnect Exchange over debt
The Nigerian Communications Commission (NCC) has notified the public that approval has been granted for the disconnection of Exchange Telecommunications Limited, Exchange, from MTN Nigeria…
Nigerian Govt summons airline CEOs over flight delays, cancellations
The Director-General of the Nigeria Civil Aviation Authority (NCAA), Chris Najomo, has convened a meeting with airlines’ Chief Executive Officers, amid the consistent flight delays…
W’Bank suspends loan fees for poor nations
The World Bank has announced the removal of several loan fees to make borrowing more affordable for vulnerable countries. The move is part of broader…
Real reason fuel price was reduced to N899/litre — Dangote
President of Dangote Group, Aliko Dangote, has explained that the reduction in the price of petrol from his refinery was in response to market forces….
Again NNPCL reduces fuel price
The Nigerian National Petroleum Company Limited (NNPCL), has again reduced its retail price for Premium Motor Spirit, PMS, to N965 per litre, THE PRIME NEWS…
Nigeria launches N250bn Real Investment Fund
…as FG to engage Bloomberg to rebrand Nigeria The Nigerian government has launched a N250 billion Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund…
Nigerian govt transfers regulatory oversight of electricity to Lagos
The Nigerian government has transferred regulatory oversight of the electricity market to the Lagos State Electricity Regulatory Commission (LASERC). The Nigerian Electricity Regulatory Commission (NERC),…
Yuletide: Dangote refinery slashes petrol price to N899.50
Dangote Refinery has announced a reduction in the price of Premium Motor Spirit to N899.50 per litre, in a bid to offer Nigerians some relief…
Naira scarcity: CBN fixes N100,000 as limit for PoS withdrawal
The Central Bank of Nigeria (CBN) has directed Nigerian banks to set N100,000 per day as a withdrawal limit for customers on point-of-sale terminals nationwide…
Govt officials, contractors to fly only Nigerian airlines – Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, says the Fly Nigeria Act will transform into law under his watch. The minister lamented that…